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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > A little exaggeration, a 2yr/$200m threat (wink wink) works
View:
Post by Dibah420 on Jan 13, 2024 11:12am

A little exaggeration, a 2yr/$200m threat (wink wink) works

wonders!  Now let's finish this multi  billion dollar project and get the energy flowing to Asia & elsewhere in the globe.


2. COMMISSION DECISION Having thoroughly and carefully considered all written and oral submissions received, the Commission has decided to approve the Variance, subject to the conditions imposed relating to materials and in-line inspections. Amending Order AO-012-OC-065 is attached, reflecting the Commission’s approval and the conditions imposed. The Commission further grants Trans Mountain’s request for relief from the requirement to adhere to the QMP filed under Condition 9 of the Certificate, as it applies to the Mountain 3 HDD. Trans Mountain may begin constructing the Variance, subject to any other necessary regulatory requirements being met. The Commission will issue its reasons for this decision in due course.
Comment by ztransforms173 on Jan 13, 2024 2:16pm
- the THREAT was VERY REAL as the BOREHOLE FAILURE had a HIGH-PROBABILTY due to GEOLOGY of the 2,300 METER BOREHOLE UNDER THE MOUNTAIN PATH - the ROCK was VERY HARD and there was HUGE AMOUNTS OF WATER on TOP of the PIPELINE BOREHOLE - DRILL A BIGGER HOLE in the ROCK, the ROCK FRACTURES and LETS IN UNSTOPPABLE WATER that KILLS the BOREHOLE  z173
Comment by milan2 on Jan 13, 2024 2:31pm
Good information ztransform173.  Thanks
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